Inox Wind Share Price in Focus; Secures 100 MW Turnkey Order from Indian Oil Corporation

On September 3, 2026, Inox Wind Limited, a leading provider of wind energy solutions in India, announced the acquisition of a 100 MW turnkey order from Indian Oil Corporation Limited (IOCL), as per the exchange filings.
This order, valued at approximately ₹755 crore, includes comprehensive project execution and post-commissioning operations and maintenance services for a period of 10 years.
Details of the Turnkey Order
The order from Indian Oil Corporation Limited involves the complete execution of a 100 MW wind energy project. Inox Wind will manage the entire process, from the supply of wind turbine generators to engineering, procurement, and construction.
Additionally, the company will provide operations and maintenance services post-commissioning.
This order enhances Inox Wind's customer portfolio, which includes commercial and industrial customers, public sector undertakings, and independent power producers. It reinforces the company's position as an integrated wind energy solutions provider.
Statement from Inox Wind's Group CEO
Mr. Kailash Tarachandani, Group CEO of the Renewables business at INOXGFL Group, expressed satisfaction with securing the order from Indian Oil Corporation Limited.
He highlighted the confidence that institutional customers place in Inox Wind's capabilities and track record in project execution.
Mr. Tarachandani noted the growing opportunities in India's renewable energy sector, with enterprises and public sector organisations seeking reliable partners for efficient project delivery. Inox Wind is committed to leveraging its technology and manufacturing capabilities to contribute to India's clean energy goals.
About Inox Wind
Inox Wind Limited is a prominent wind energy solutions provider in India, serving independent power producers, public sector undertakings, corporate investors, and retail clients. Part of the $16 billion INOXGFL Group, Inox Wind focuses on chemicals and renewable energy.
The company operates five manufacturing plants in Gujarat, Madhya Pradesh, and Himachal Pradesh, producing blades, tubular towers, hubs, and nacelles. With a manufacturing capacity of 2.5 GW per annum, Inox Wind offers end-to-end solutions from concept to commissioning and operations and maintenance.
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Inox Wind's Certifications and Subsidiaries
Inox Wind holds ISO 9001:2008, ISO 14001:2004, OHSAS 18001, and ISO 3834 certifications for its management systems. Its subsidiary, Inox Green Energy Services Ltd., is the only listed pure-play renewable O&M services company in India, managing a portfolio of approximately 13.3 GW of assets.
Another subsidiary, Inox Renewable Solutions, provides EPC services for wind and solar projects and develops common infrastructure for renewable projects.
Inox Wind Share Price Performance
As of September 03, 2026, at 11:17 AM, Inox Wind share price on NSE was trading at ₹71.13 up by 0.76% from the previous closing price.
Conclusion
Inox Wind's acquisition of a 100 MW turnkey order from Indian Oil Corporation Limited, valued at approximately ₹755 crore, strengthens its position in the wind energy sector. The order includes comprehensive project execution and 10-year post-commissioning operations and maintenance services.
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Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Sep 3, 2026, 11:52 AM IST

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